If the assays in October come back positive its game over!
Investing 5k today example.
RR1O Options5k @ 0.006 = 833,333 (expiry)
VS
RR1 Shares 5k @ 0.015 = 333,333 (current sell price)
If the RR1 price moves 1 cent up say to 2.5c (assuming RR1O goes to 1.6c based on current price trading pattern ) RR1 2.5c)
Then your 5k investment looks like this
RR1O - 833,333 x 0.01 increase of $8,333 on the RR1O oppies.
Vs
RR1- 333,333 x 0.01increase of $3,333 on the RR1 Shares
All approximates you get the idea as someone has stated plenty news coming.
If you want leverage bit more exposure as you believe it's going up soon then options can facilitate
If the assays in October come back positive its game over!...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $15.74M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $33.47K | 1.848M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 900138 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1509236 | 5 |
View Market Depth
| Last trade - 15.50pm 21/06/2024 (20 minute delay) ? |
| RR1 (ASX) Chart |